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  • Stepping out of the shadows: Enhancing taxpayer-authority relationships

    Taxpayers and authorities are alive to the calls for greater transparency. And though this is building public pressure on tax authorities to milk multinational cash cows for all they can get, there is a growing realisation among authorities that ill-designed international tax rules and strains on resources, as well as the complex manner in which multinationals arrange their tax affairs, means that working with – rather than against – the largest taxpayers is the best way forward.

  • Authorities and taxpayers must meet halfway on transparency

    Demands on companies for better disclosure of tax information are increasing. Australia is the latest jurisdiction to up the ante by looking to force the release of corporate tax returns. Country-by-country reporting (CBCR) is also gaining more traction (the standard will be imposed on EU banks from 2014). But there appears to be a worrying disconnect in that similar levels of transparency are not being demanded, nor expected, of tax authorities. Matthew Gilleard looks at whether a shift away from the one-sided approach to tax transparency is on the horizon, or whether the “do as I say, not as I do” mantra will continue to apply.

  • Preparing for enhanced relationship tax compliance

    With Russia and France recently announcing they intend to introduce enhanced relationship tax compliance programmes similar to horizontal monitoring in the Netherlands, Joe Dalton asks how successful the practice has been in jurisdictions where it is already in place and how taxpayers might prepare for it in those where it is expected soon.


Features

  • Tax competition to attract and keep IP income remains alive

    Taxpayers need to make a careful assessment of the best European jurisdiction for a central IP company, as the different regimes have their own features, explain Wim Eynatten and André Schaffers of Deloitte.

  • The tax policy man

    Will Morris has devoted his career to tax policy and is involved in a number of organisations including GE, the OECD, the American Chamber of Commerce, the EU and the Confederation of British Industry (CBI). Here he talks to Sophie Ashley about how tax policy is affecting tax systems around the world and the difficulties involved in balancing a number of roles while managing internal tax policy for a large multinational company.

  • BEPS case study

    On February 13 2013, the OECD released a report on tax planning by multinationals that reduces group corporate tax liability to an unacceptably low level, as a first step against base erosion and profit-shifting (BEPS). In the preceding months Starbucks, Google and several others were publicly attacked for not paying their “fair” share. Johann Muller, a member of the international corporate taxation department at the Danish Tax Authority – submitting this article in a personal capacity in advance of the OECD Working Party No 6 meeting in March – examines the issues that need to be addressed when looking at examples 1 and 2 to Annex C of the BEPS report.

  • Financial institutions prepare for the FTT

    If banks had been told two years ago that they would be preparing for a financial transaction tax (FTT) in Europe, they would have laughed. But with the FTT just around the corner, Salman Shaheen finds out how financial institutions are preparing and whether the FTT is likely to affect those outside the 11 EU member states introducing the tax.

  • Preparing for the carbon tax in South Africa

    By understanding the implications of the country’s new carbon tax, South African companies can be well placed to help shape policy, satisfy reporting requirements and build a more sustainable business model, says KPMG’s André Boekhoudt

  • India’s 2013 budget fails to bring cheer

    Abhishek Shah of Ernst & Young analyses the indirect tax proposals of the Indian budget and finds there is not much good news for taxpayers.

  • EU financial transaction tax: Legality and challenge

    Chris Hutley-Hurst and Jonathon Egerton-Peters, of Skadden, Arps, Slate, Meagher & Flom (UK), discuss the legality of the EU financial transaction tax (FTT) and explain how taxpayers or member states may seek to challenge it.

  • What Canada’s GAAR experience can tell us about new UK rules

    Heather Gething of Herbert Smith Freehills, and Andrew Silverman of McCarthy Tétrault, look at the operation of the general anti-avoidance rules (GAAR) in the UK and Canada, the reason for their introduction, and how they have been and are likely to be applied.

  • How to embed tax policy in your business

    Tax is becoming an increasing area of risk for businesses as the public and governments have sharpened their focus on corporate tax strategy. Emma Powell looks at why educating employees across functions is more important than ever and how tax policy can be more effectively implemented within the business.


News Analysis



Editorial


Tax Relief

  • Tax Relief

    A monthly commentary on the notable facts, figures and goings-on in the tax world.


International Correspondents


International Tax Review Profile

RT @BrigitteAlepin: So proud of the new book WINNING THE TAX WARS. Bringing together well-known tax experts, this book presents outstanding…

Dec 7 2017 04:08 ·  reply ·  retweet ·  favourite
International Tax Review Profile

REVEALED: The top 10 of ITR's #GlobalTax50 2017 is out now. Find it here: https://t.co/IXiaRrE3vH (subscription or free trial required)

Dec 7 2017 01:42 ·  reply ·  retweet ·  favourite
International Tax Review Profile

ITR has opened the submissions period for the European Tax Awards 2018. Full details here: https://t.co/WKBWijhBgt

Dec 6 2017 01:40 ·  reply ·  retweet ·  favourite
International Tax Review Profile

@aloysrigaut @AuroChardon @ElodieLamer @JeanComte @diego_bxl @bsmithmey @afpfr @pierremoscovici @EU_Taxud @EU2017EE… https://t.co/oS4sDvQtdL

Dec 5 2017 04:55 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @AuroChardon: Is this it? https://t.co/O1XhoWQw2F 17 #taxhavens, mostly tiny countries or emerging economies on the #EUblacklist? ❌Swit…

Dec 5 2017 02:25 ·  reply ·  retweet ·  favourite
International Correspondents